I don't know if Maryland law requires this, but these transactions are usually governed by the law where the sale takes place. For example, if you purchase a timeshare in Florida, you're not required to take a tour of the resort. However, the state of your residence may dictate that the purchase...Read more »
I'm sorry that you're in this position. From what you've stated, it sounds like the timeshare company has breached some of their obligations under the contract. I would definitely recommend speaking with an attorney familiar with timeshares. If you and your attorney need any information, please...Read more »
After I made this huge error of signing up for this I realized 14 days later I financially cannot afford it, I have called the attorney general, the BBB and had a lawyer send them a letter because they basically told me it's my fault and I'm stuck with it, they refused to speak with my attorney,... Read more »
I have some clients in a similar situation. They hired me because I'm a Florida attorney, but Wyndham is doing this same thing with everyone. You may be able dispute the negative credit reporting, but that's something you'll want to discuss with your attorney. If you and your attorney want to chat...Read more »
I was in Akumal, Mexico 2 weeks ago and signed up for a timeshare. I got a great deal and it's not that I can't afford it but after thinking about everything for 2 weeks I'd rather do something else with my money. They mentioned something about not being able to cancel it but there has to be... Read more »
Timeshares in Mexico give you a 50-day rescission period, so you're likely too late to use that route. You may still be able to get out of the contract, but you no longer have the easiest route to a refund/cancellation. When I've helped clients in similar situations, some have mentioned facts that...Read more »
I don't believe it is; I've seen a number of SC deeds and don't remember seeing names of attorneys that prepared them). I'm curious why you have this question. Are you looking to void your purchase? If so, you're likely outside the rescission period, but may have other options.
I am sending a request for deedback to my timeshare resort. i even printed out a form called the quit claim deed for Florida and signed it. Not sure if that is the same form they use, but i know they require a fee of 250 dollars to accept a title transfer. I am hoping that if I write on it the... Read more »
Whether it will hold up in court depends on a number of factors, but I'm guessing that you really don't want to go to court to have to argue that it was a binding agreement. In the alternative, I'd recommending working it out with the resort on the front end to avoid penalties or costs later. When...Read more »
I am a victim of Time Share Resale fraud. I reported it to the state of FL. Now some 3 or 4 yrs later I now have a company named Consult and Recover saying that I have been approved for slot 63 of 65 for a payout since the Fraudulent people have been caught. The money is in an offshore account and... Read more »
I came across you question because I have client that was scammed in a similar way. Because it's such a common scam, I wrote an article about it that you may find helpful. You can find it here: https://targheelaw.com/article
I live in California. The timeshare property is in Texas, Inverness by the Sea, Galveston, Tx. Their company voted to terminate the timeshare property to sell. They want me to deed-back my interest (for $0) or pay a huge maintenance fee. If I don't, they are going to foreclose on the property... Read more »
This is the type of thing my partner (Texas bar) reviews fairly regularly. Typically, you want to review it to ensure that the agreement eliminates all ownership and liability. I wrote an article about this a couple years back that you can review here: https://skidmorehales.com/article
This is an interesting question and I feel like I need a lot more information to really answer. To be honest, this sounds like a very typical scam that I deal with all too often. If you have questions about this transaction and want to discuss, I'd be happy to. You can also access an article I...Read more »
I did not find any emails from them until I looked at my spam so it looked like I was avoiding them. I informed them by email that I was waiting for my tax return because I saw that there was a one-time Maintenance increase for an owner agreed on repairs. I have asked them to work with me but... Read more »
If they never sent you paper bills, you may have an argument that they did not give you notice. If that does not work, you may have an attorney negotiate with the collection agency. Most timeshare companies use the same collection companies. I've found that they'll typically negotiate on the fee...Read more »
Assuming that the timeshare is paid in full, the resort will allow you to remove the names of other co-signers. Contact the owner services (or similar) department to get the process started. You may want to contact an attorney with experience in timeshares if you have additional questions or want a...Read more »
I have been paying taxes and maintenance fees for the last 14 years. He passed overseas and the timeshare was not included in the estate, so the inheritors just granted me the timeshare verbally. Can this issue be resolved. Thank you.
This should not be a problem. If you contact the timeshare's member services department, they will be able to get you the paperwork you'll need to update their records. Depending on how it was deeded, you may not even need to complete any paperwork. You may want an attorney to review your paperwork.
The competing business is in my same exact industry with the same exact product type and in my same town. The names are off by ONE letter and the distinctive part is exactly the same. Is there anything I can do do avoid the loss and/or confusion of my clientele? Social media is important in what I... Read more »
I've seen a few timeshare companies in Mexico get aggressive when it comes to past-due maintenance fees. The typical method is to hire a collection agency and report the delinquency to the credit bureaus. I wrote a bit about this recently and you can access my article here:...Read more »
Yes, I believe you have 7 days to cancel a timeshare signed in Virginia. Check your contract for exactly how to cancel and make sure you follow the procedure exactly. Speak with an attorney if you have any questions.
We were informed from the travel agents ( in Mexico) attorney at law (Detroit, Michigan) that we are to pay for the initial notary cost and send the funds to Profeco. They say this is to be done to prove to both government agencies that this is a valid transaction. Is this the proper procedure? In... Read more »
Goodness no! This is a common scam to have you wire money. No such requirements exist to transfer a timeshare in Mexico. Once you send it, the money is gone and you probably won't be able to get anything back. I wrote an article about these types of scams a while back that you can access here:...Read more »
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